What are AI's new roles in the financial back-office? Traditionally, the financial back office has been filled with manual, time-consuming tasks. It...
AI in Invoice Processing
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Automation
Streamline Your Accounts Payable Processes
AP Automation Best Practices Is your accounts payable (AP) department drowning in paperwork and manual tasks? You're not alone. Traditional AP...
Optimizing Your Accounts Payable ROI
determining the return on investment (ROI) of a new AP solution can be complex. In this blog, we’ll explore the steps to effectively calculate the ROI when evaluating a new AP solution.
PO Vs. Non-PO Procurement: Pros and Cons
Procurement processes are the backbone of any organization’s operations, ensuring that goods and services are acquired efficiently and effectively. Two common methods of procurement are Purchase Order (PO) and Non-Purchase Order (Non-PO) systems. Each method has its own set of advantages and disadvantages, which can significantly impact a company’s bottom line and overall efficiency. In this blog, we’ll delve into the pros and cons of both PO and Non-PO procurement to help businesses make informed decisions about which approach best suits their needs.
AI’s Role in Automating PO Delivery & Updates
Simplifying the Procurement Process Efficiency is the cornerstone of successful procurement and sourcing in today's fast-paced environment. Every...
Change Management in Automation
Factors in Successful Back-Office Automation Initiatives Change management is a crucial aspect of any automation initiative. It involves planning,...
Purchasing Technology-Based Solutions
Conducting thorough due diligence, and presenting clearly defined business and technical requirements, you can navigate the complex landscape of technology-based solutions with confidence. Remember that the right investment today can empower your business to thrive and succeed in the digital age.
Streamlining Vendor Packet Processes
Traditionally, constructing and delivering vendor packets involved a manual, time-consuming process. This often included gathering various documents, such as contracts, certificates, and contact information, and then assembling them into a comprehensive packet.
Automation in C-Stores & Travel Stops
Back-office automation in convenience stores and travel stops can offer numerous significant benefits including enhancing overall operational...
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